AI has many budding advantages for business automation, data analysis, and Natural Language Processing (NLP), and is quickly making mainstream movement in business software innovations. Accounting software is certainly no exception to the growing list of solutions that are embracing the robust capabilities of AI, particularly when it comes to mass data analysis and automation. This whitepaper demonstrates the impact of cloud accounting software, explores the role of AI and automation in accounting, examines the innovations and challenges AI is introducing to accounting processes and professions, and shares insight and predictions about how AI will impact the role of accountants in the future.
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